Sprott Uranium Miners ETF (NYSEARCA:URNM) Shares Sold by MONECO Advisors LLC

MONECO Advisors LLC trimmed its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 29.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,435 shares of the company’s stock after selling 4,318 shares during the quarter. MONECO Advisors LLC’s holdings in Sprott Uranium Miners ETF were worth $421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Sprott Uranium Miners ETF by 145.4% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,227,000 shares of the company’s stock valued at $56,295,000 after purchasing an additional 727,000 shares in the last quarter. Bridgewater Associates LP raised its stake in Sprott Uranium Miners ETF by 8.5% during the 3rd quarter. Bridgewater Associates LP now owns 239,811 shares of the company’s stock worth $11,003,000 after acquiring an additional 18,864 shares in the last quarter. BFI Infinity Ltd. acquired a new stake in Sprott Uranium Miners ETF during the 4th quarter worth $8,491,000. HighTower Advisors LLC raised its stake in Sprott Uranium Miners ETF by 1.4% during the 3rd quarter. HighTower Advisors LLC now owns 180,865 shares of the company’s stock worth $8,295,000 after acquiring an additional 2,570 shares in the last quarter. Finally, Crawford Fund Management LLC acquired a new stake in Sprott Uranium Miners ETF during the 3rd quarter worth $8,263,000.

Sprott Uranium Miners ETF Price Performance

Shares of NYSEARCA:URNM opened at $36.07 on Tuesday. The company’s fifty day moving average price is $40.69 and its 200 day moving average price is $43.66. Sprott Uranium Miners ETF has a 12 month low of $35.45 and a 12 month high of $60.17. The firm has a market capitalization of $1.18 billion, a P/E ratio of 27.29 and a beta of 1.02.

Sprott Uranium Miners ETF Company Profile

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.